UK platforms are the global leaders, says AIFA

Unveiling a platform due-diligence guide for members yesterday, Cummings said platforms have revolutionised the adviser market and the UK is now the world's leading player. Although Australia pioneered the development of platforms, he said there was a reason Australian firms are now setting up shop in Britain. "Over the last two or three years platforms have revolutionised the market," he said. Underlining the rude health of the industry, the AIFA chief, who is leaving the organisation to head up TheCityUK, said new entrants are poised to enter the space whilst existing platforms a...